I am delighted to welcome a new addition to the Austrade network in Zurich, reflecting the increasingly dynamic relationship and ever deepening ties between Australia and Switzerland. Trade and Investment Minister Andrew Robb marked the opening of the new Austrade office during his visit to Zurich on 19-20 January 2016, ahead of his attendance at the World Economic Forum in Davos.
Australia and Switzerland share many common political and economic values and interests. A key element of our contemporary relationship is Switzerland’s significant investment in Australia. Switzerland represents one of our largest investment markets and our economic ties with Switzerland are strengthening and growing. While the Swiss market has been well serviced by Austrade’s Frankfurt office, now is an opportune, and indeed exciting, time to further consolidate Australian-Swiss economic ties through an Austrade office in Zurich.
The office will complement existing strong bilateral ties in the areas of scientific research and development, education, and two-way investment. The Zurich office will work primarily on expanding Austrade’s network into the Swiss market and on driving the investment agenda across priority sectors.
Nicolas Bentel will head up the new Austrade office. Nicolas joins Austrade from UBS in Zurich, where he was most recently the Head Investment Specialist for the Latin American team and a member of the Regional Advisory Committee for Global Emerging Markets. Nicolas will work closely with me and my colleagues at the Australia Embassy in Berlin and the Australia Swiss Chamber of Commerce.
I am delighted to welcome Nicolas to Zurich and embrace this new opportunity to strengthen Australian-Swiss relations through this valuable addition to the Austrade network.